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 Issue of May 28, 2007 
   

Downward Pressure Predicted for Home Prices in Bay State

ALAN CLAYTON-MATTHEWS
State exposed to ‘implosion’
By Aglaia Pikounis
Weak employment and moderate income growth, along with a rise in foreclosures and mortgage loan delinquencies, will put downward pressure on home prices in Massachusetts throughout the year and the beginning of 2008, according to a new economic forecast.

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